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NH Foods Announces Treasury Stock Acquisition

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NH Foods Announces Treasury Stock Acquisition

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NH Foods ( (JP:2282) ) has shared an announcement.

NH Foods Ltd. has announced the acquisition of 514,900 treasury shares through market purchases on the Tokyo Stock Exchange, with a total acquisition cost of approximately 2.98 billion yen. This acquisition is part of a larger plan approved by the Board of Directors to acquire up to 6 million shares by March 2026, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:2282) stock is a Hold with a Yen6000.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.

More about NH Foods

NH Foods Ltd. operates in the food industry, focusing on the production and distribution of meat and processed food products. The company is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 662,878

Technical Sentiment Signal: Buy

Current Market Cap: Yen577.5B

For detailed information about 2282 stock, go to TipRanks’ Stock Analysis page.

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